Trading Company Names Ideas and Suggestions
In it ceased to exist as a legal entity. The East India Company was initially created in to serve as a trading body for English merchants, specifically to participate in the East Indian spice trade. It later added such items as cotton, silk, indigo, saltpeter, tea, and opium to its wares and also participated in the slave trade. The company eventually became involved in politics and acted as an agent of British imperialism in India from the early s to the mids. The East India Company was incorporated by royal charter on December 31, It was an English company formed for the exploitation of trade with East and Southeast Asia and India.
Although it started as a monopolistic trading body, it became involved in politics and acted as an agent of British imperialism in India from the early 18th century to the midth century. After being weakened for decades, it ceased to exist as a legal entity in A number of things contributed to the end of the East India Company. It acquired control of Bengal on the Indian subcontinent in , and, as the company was an agent of British imperialism, its shareholders were able to influence British policy there.
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This eventually led to government intervention. The Regulating Act and the India Act established government control of political policy. It lost that role after the Indian Mutiny The company commonly referred to as the East India Company was incorporated in and ceased to exist as a legal entity in During its existence it was known by a few other names as well: its formal name from to was Governor and Company of Merchants of London Trading into the East Indies, and from to it was United Company of Merchants of England Trading to the East Indies.
The company was formed to share in the East Indian spice trade.
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That trade had been a monopoly of Spain and Portugal until the defeat of the Spanish Armada by England gave the English the chance to break the monopoly. Until the company conducted separate voyages, separately subscribed. There were temporary joint stocks until , when a permanent joint stock was raised. The company settled down to a trade in cotton and silk piece goods, indigo , and saltpetre, with spices from South India. Beginning in the early s, the East India Company began using slave labour and transporting enslaved people to its facilities in Southeast Asia and India as well as to the island of St.
Helena in the Atlantic Ocean , west of Angola. Large-scale transportation of slaves by the company was prevalent from the s to the early s and ended in the s. After the midth century the cotton-goods trade declined, while tea became an important import from China. Beginning in the early 19th century, the company financed the tea trade with illegal opium exports to China. Chinese opposition to that trade precipitated the first Opium War —42 , which resulted in a Chinese defeat and the expansion of British trading privileges; a second conflict, often called the Arrow War —60 , brought increased trading rights for Europeans.
The original company faced opposition to its monopoly, which led to the establishment of a rival company and the fusion of the two as the United Company of Merchants of England trading to the East Indies. The United Company was organized into a court of 24 directors who worked through committees. They were elected annually by the Court of Proprietors, or shareholders.
That arrangement led to government intervention. Thereafter the company gradually lost both commercial and political control.
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Its commercial monopoly was broken in , and from it was merely a managing agency for the British government of India. It was deprived of that role after the Indian Mutiny , and it ceased to exist as a legal entity in Print Cite verified Cite. A great way to make a memorable business name is to use rhythm or alliteration, these types of business names sounds great and are extremely brandable. Dissect and understand why their business name works for them and how you can use those techniques in your own business name.
JPM , Citigroup, Inc. C , Goldman Sachs Group, Inc. Be sure to ask questions like: Does this sound like a trustworthy business? Does the answers align with your business goals? That said, here are some name ideas to help you create the perfect business name:. Branding Specialist at BizNameWiz. If you are about to start up a new trading company and you are want to come into the industry with a loud bang, then you should consider getting a powerful brand name.
One thing that makes a lot of people trust in a trading company, before even partnering with them, is the brand name. If you can capitalize on this, you might as well be on your way to landing your first host of clients in no time! Here are a few tips to help you in naming your trading brand.
Trade Names
This brand got its name from both partners that run the company; Henry Sturgis Morgan and Harold Stanley. They are a multinational trading company, and they created a Brand name for themselves by delivering the best quality of services to their customers.
This brand was founded by Marcus Goldman who got the other half of the name from his son in law; Samuel Sachs, who also joined the firm not long after. One thing about this brand is the short and simple name it has. And not only that, it sounds classy and sophisticated. This is what you need to make your brand stand out from the others.
This is one of the big trading brands in the world, and they can attribute their success to the impeccable service they have offered their clients over the years.
East India Company
However, one would note that their name has a nice ring to it and is quite easy to remember. This is a point you might want to keep in mind. Find hundreds of Business Names created by branding experts and professional designers at Domainify.
Create your own website for FREE! Trading Company Name Ideas. Tips from Craig. Here are a few name ideas I came up with:.